$1 Trillion Student Loan Debt Widens Us Wealth Gap

It was just a disaster. The reason Smart-Pig.com is different he says is because it cares about the people it lends money to. As well as running a series of competitions with monetary prizes, a main feature of the company is the 10-day grace period it offers to those whose official payments are delayed. He said: I was slapped with lots of extra fees when I missed my repayment I really could have done with 10 days to resolve that hiccup without incurring a charge. Despite graduating in law, 24-year-old Shreiffs entrepreneurial flare was evident from an early age when he picked up trinkets from markets on family holidays to Morocco and sold them online for a profit on his return. He said: It was a little hobby and a lot of fun but it really set the business side of me going. Now two years old, Smart-Pig is going from strength to strength. Employing three members of staff from its base in Clarendon Place, Leamington, the company currently loans to nearly 7,000 students at 100 universities. <br>Source: <a href='http://www.coventrytelegraph.net/news/coventry-news/smart-pigcom-start-up-student-loans-company-6923546&#039; >http://www.coventrytelegraph.net/news/coventry-news/smart-pigcom-start-up-student-loans-company-6923546</a&gt;

The $1.1 Trillion Student Debt Burden Is Paralyzing a Generation

But, like the roughly 37 million others in the U.S. saddled with $1 trillion in student debt, they may never catch up with wealthy peers who began life after college free from the burden. The disparity, experts say, is contributing to the widening of the gap between rich and everyone else in the country. If you graduate with a B.A. or doctorate and you get the same job at the same place, you make the same amount of money, said William Elliott III, director of the Assets view website and Education Initiative at the University of Kansas. But that money will actually mean less to you in the sense of accumulating assets in the long term. Graduates who can immediately begin building equity in housing or stocks and bonds get more time to see their investments grow, while indebted graduates spend years paying principal and interest on loans. <br>Source: <a href='http://www.alaskajournal.com/Alaska-Journal-of-Commerce/April-Issue-1-2014-1/1-trillion-student-loan-debt-widens-US-wealth-gap/&#039; >http://www.alaskajournal.com/Alaska-Journal-of-Commerce/April-Issue-1-2014-1/1-trillion-student-loan-debt-widens-US-wealth-gap/</a&gt;

Take advantage of this little-known tax"loophole" Recent tax increaseshave affected nearly every American taxpayer. But with the right planning, you can take steps to take control of your taxes and potentially even lower your tax bill. In our brand-new special report " The IRS Is Daring You to Make This Investment Now! ," you'll learn about the simple strategyto take advantage of a little-known IRS rule. Don't miss out onadvice that could helpyou cut taxes for decades to come. Click here to learn more. Try any of our Foolish newsletter services free for 30 days . <br>Source: <a href='http://www.fool.com/investing/general/2014/04/05/the-11-trillion-student-debt-burden-is-paralyzing.aspx&#039; >http://www.fool.com/investing/general/2014/04/05/the-11-trillion-student-debt-burden-is-paralyzing.aspx</a&gt;

3 Dumb Student Loan Myths That Can Bankrupt Smart Borrowers – Forbes

One proposal that could be done quickly is to allow those with student debt to refinance at a much lower rate than they have now. With interest rates hovering slightly above zero, lowering the debt rates is an option that still allows the loan-providers to retain a profit. Other reforms would include cracking down on loans directed to colleges, particularly for-profit institutions, that have a low graduation rate or poor job-seeking rates for students. We want those who have student debt to pay off the loans. To forgive the debt is not an ethical solution. <br>Source: <a href='http://www.standard.net/stories/2014/04/03/our-view-student-loan-debt-harms-futures&#039; >http://www.standard.net/stories/2014/04/03/our-view-student-loan-debt-harms-futures</a&gt;

Loan debt from bad schools haunts former students – baltimoresun.com

But the student loan debt from her noneducation haunts her to this day. Her wages have been garnished, her tax refunds seized. Those payments total more than $13,500 on a loan that was originally $5,600, according to the Reisterstown woman's pro bono attorney, thanks to interest and collections fees that mounted for years. And the school? It closed long ago, and its CEO pleaded guilty to defrauding the government and students by concealing its dropout rate so federal student aid kept flowing. <br>Source: <a href='http://www.baltimoresun.com/business/bs-bz-student-loan-debt-trade-schools-20140406,0,6952592.story&#039; >http://www.baltimoresun.com/business/bs-bz-student-loan-debt-trade-schools-20140406,0,6952592.story</a&gt;

Our View: Student loan debt harms futures

These are programs designed to eliminate your student loan debt for free. And its been estimated that roughly 50% of borrowers can qualify for some type of student loan forgiveness program. You just have to look. The most common student loan forgiveness programs are students who pursue the following careers: The Military Volunteer Work Medical Workers If youre considering entering these fields, see what programs you could qualify for. Even partial student loan forgiveness is free money. <br>Source: <a href='http://www.forbes.com/sites/robertfarrington/2014/04/04/3-dumb-student-loan-myths-that-can-bankrupt-smart-borrowers/&#039; >http://www.forbes.com/sites/robertfarrington/2014/04/04/3-dumb-student-loan-myths-that-can-bankrupt-smart-borrowers/</a&gt;

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Jefferies Biotech Stocks To Buy With Breakthrough Drug Innovations

3 Stocks Reiterated As A Buy: BIDU, BAC, BA

ALSO READ: Diet Pepsi Sales Plunge Compugen Ltd. ( CGEN ) is a leading drug discovery company focused on therapeutic proteins and monoclonal antibodies to address important unmet needs in the fields of immunology and oncology. Compugen has discovered nine biggest stocks to invest in novel immune checkpoint targets and has partnered with European pharmaceutical giant Bayer. The company recently had a 6.9 million share secondary offering for the purpose of raising additional working capital. It is Buy rated at Jefferies, and the firm has a $17 price target.
Source: http://finance.yahoo.com/news/jefferies-biotech-stocks-buy-breakthrough-123018336.html

By Jesse Solomon April 1, 2014: 2:17 PM ET The market has notbeen kind to General Motors. Itsstock is down about15% in 2014 as the automaker has contended with seven millionrecalls and questions from victims’ families and government officials about why it took 10 years to recall millions of cars with faulty ignition switches. Still, General Motors (GM) has roared back sincethe days of its bankruptcy and government bailout.The stock went on a tear last year and is still up roughly 25%over the past year. The company has plenty of cash on hand, and there’s reason for optimism about the auto industry more broadly, which has already been a bright spot in the economic recovery thus far. That’s why Sterne Ageeauto analyst Michael Ward sees GM’s latest price drop as a buying opportunity.”It makes the purchase of the stock pretty compelling, particularly if you’re looking beyond one day, one week, one month,” he said.
Source: http://buzz.money.cnn.com/2014/04/01/gm-stock-oversold/

GM stock is in the gutter. Time to buy?

Oil supplies have seen net drawdowns for eight weeks running and are 42% below last year’s levels, according to Bloomberg. Throw in the Ukraine/Russia tension , and you’ve got a perfect recipe for higher oil prices. I say oil hits $120 a barrel this year. And if global GDP does a bit better than expected, oil could trade even higher… The situation is just as bullish for natural gas.
Source: http://markets.financialcontent.com/stocks/news/read/26848971/The_Natural_Gas_Stock_to_Buy_Now

The Natural Gas Stock to Buy Now

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See what he’s trading today with a 14-day FREE pass. Highlights from the ratings report include: BOEING CO has improved earnings per share by 25.8% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past year. We feel that this trend should continue.
Source: http://www.thestreet.com/story/12611240/3/3-stocks-reiterated-as-a-buy-bidu-bac-ba.html

Forex Strategy Master Review – Scam Or Truth?

This scandal threatens to become even more serious than the rigging of the Libor rate scandal, which was just recently settled and resulted in billions in fines against those involved. Analysts point out that since the forex probe involves the integrity of the entire foreign exchange market, rather than just a single rate, it will likely have more serious repercussions. Statement from WEKO about Forex manipulation There are indications that competition agreements for the manipulation of exchange rates have been made in Forex trading between banks, WEKO elaborated in its statement. The alleged manipulation, the statement read, involved the illegal exchange of confidential information, undertaking transactions with other market participants at pre-agreed prices and other coordinated activities to fix a forex benchmark. Based on the information currently available to the competition commission, authorities believe that the most important currencies are affected, the statement continued, adding that the commission cannot exclude the possibility other banks or brokers may have been involved. Credit Suisse response Credit Suisse Group AG (ADR) ( NYSE:CS ) released a statement saying the company was astonished by the allegations , and pointed out it had not been a part of WEKOs preliminary investigation into various banks.
Source: http://www.valuewalk.com/2014/03/swiss-commission-names-eight-banks-forex-case/

“The press release contains incorrect references to Credit Suisse AG and these allegations are both inappropriate and harmful to our reputation,” the Zurich-based bank said of the commission’s statement. But it said the bank will cooperate fully with the authorities in this matter. Since regulators in other European countries, the U.S. and Singapore started investigating possible foreign exchange manipulation, major firms like Citigroup and Barclays have suspended traders.
Source: http://abcnews.go.com/International/wireStory/swiss-investigating-banks-forex-market-23124655

Swiss target 8 banks in forex probe

spot volume. The investors said employees of the defendants would use such names as The Cartel, The Bandits’ Club and The Mafia to swap confidential customer orders and trading positions, and collude to set prices through such tactics as “front running/trading ahead,” “banging the close” and “painting the screen.” They also said the defendants have fired or suspended more than 30 employees in connection with possible price-rigging misconduct, including actions by Bank of America and BNP Paribas last month. Spokespeople for the banks either declined software for etf trading livermore to comment or did not immediately respond to requests for comment. The lawsuit seeks unspecified damages, triple damages, and a halt to alleged collusive conduct.
Source: http://www.reuters.com/article/2014/04/01/us-forex-lawsuit-idUSBREA301WC20140401?feedType=RSS

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Source: http://www.ssuchronicle.com/2014/04/01/rush-horns-forex-strategy-master-review-plus-100-bonus/

A Forex Strategy Master review reveals whether this Forex program can really offer anything different for the Forex trader. Click Here to Get Instant Access To Forex Strategy Master << The foreign exchange market is a complicated thing. To become a specialist, you need to spend years engaging in, making trades and learning how to not just examine ailments but feel them. Check it out now at Forex Strategy Master: Forex Strategy Master is an extensive training, mentoring, and signal recognition alert system that covers everything people need to get set up and start trading Forex.
Source: http://www.ssuchronicle.com/2014/04/01/forex-strategy-master-review-scam-or-truth/

Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer . Morningstar: 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use.
Source: http://money.cnn.com/2014/03/31/news/swiss-forex-probe/index.html